Totally agree. I'd be totally happy if only Olympus would make a "serious" ruggedized camera - a 4/3 sensor with a fixed lens - heaven knows they have already proven the body-technology, so why not a larger sensor version for semi-pro who don't want a 1-2kg underwater housing for carrying on a hike, surfing or fishing trip?

Even a 2/3 sensor like a Fuji X10 would be a start in the right direction!